Cash Paul F 4
Research Summary
AI-generated summary
Wyndham (WH) GC Paul F. Cash Receives Restricted Stock Award
What Happened
- Paul F. Cash, General Counsel & Corporate Secretary of Wyndham Hotels & Resorts (WH), was granted 20,658 restricted stock units (RSUs) on March 9, 2026. The Form 4 reports the acquisition price as $0.00 (award/grant).
- These RSUs will convert to one share of common stock per vested unit when they vest. This transaction is an award (compensation/retention), not a purchase or sale.
Key Details
- Transaction date: 2026-03-09; Form 4 filed: 2026-03-11 (appears timely — within the 2-business-day filing window).
- Transaction type/code: Award/Grant (A); amount: 20,658 RSUs; price shown: $0.00.
- Vesting: Four equal installments on each of the first four anniversaries of March 9, 2026, subject to continued employment (F1).
- F2 denotes these are restricted stock units; F3 notes conversion to common shares when vested.
- Shares owned after the transaction: not specified in this filing.
- No indication in the filing of a 10b5-1 plan, tax-withholding shares, or any immediate sale.
Context
- RSUs are equity compensation that only become shares if and when they vest; they do not represent an immediate sale or cash value until conversion.
- Such grants are typically part of pay/retention packages and should be interpreted as compensation rather than direct insider buying or selling. Monitor future Form 4s for vesting-related share issuances or subsequent sales.